L&T Technology Services' Q3 FY 2025-26 Quarterly Results
- 16 Jan 2026
Result Summary
- L&T Technology Services Ltd reported a 2.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.1%.
- Its expenses for the quarter were down by 3.3% QoQ and up 11.8% YoY.
- The net profit decreased 7.9% QoQ and decreased 5.1% YoY.
- The earnings per share (EPS) of L&T Technology Services Ltd stood at 28.52 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 2956.80 | 3045.10 | 2686.50 | -2.9% | 10.1% |
Total Expenses | 2511.30 | 2597.10 | 2246.60 | -3.3% | 11.8% |
Profit Before Tax | 410.10 | 448.00 | 439.90 | -8.5% | -6.8% |
Tax | 107.00 | 118.80 | 120.40 | -9.9% | -11.1% |
Profit After Tax | 303.10 | 329.20 | 319.50 | -7.9% | -5.1% |
Earnings Per Share | 28.52 | 30.97 | 30.40 | -7.9% | -6.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
L&T Technology Services Ltd (LTTS) is a leading engineering services company that operates within the global technology sector. Specializing in engineering and research & development services, LTTS caters to a diverse range of industries, including transportation, industrial products, telecommunications, medical devices, and process industries. LTTS provides end-to-end engineering solutions, leveraging its expertise in digital engineering, product development, and process innovation. The company is recognized for its advanced technological solutions and has a strong global presence, serving numerous clients worldwide. As of October 2023, there are no specific major developments or changes in the company's structure or business model available in this data.
Revenue
For Q3FY26, LTTS reported a total income of ₹2,956.80 crores, which indicates a decrease of 2.9% from the previous quarter's total income of ₹3,045.10 crores. However, when compared to Q3FY25, there is a 10.1% increase from ₹2,686.50 crores. This year-over-year growth suggests a positive trend in revenue generation over the past year, despite the quarter-over-quarter decline. The revenue figures highlight the company's ability to maintain growth on an annual basis, although it faced a slight dip in this quarter compared to the last.
Profitability
The profitability metrics for LTTS in Q3FY26 show a mixed performance. The profit before tax stands at ₹410.10 crores, which is an 8.5% decline from Q2FY26, where it was ₹448.00 crores. Compared to the same quarter the previous year, there is a decrease of 6.8% from ₹439.90 crores in Q3FY25. The company incurred a tax expense of ₹107.00 crores, down by 9.9% quarter-over-quarter and 11.1% year-over-year. Consequently, the profit after tax for Q3FY26 is ₹303.10 crores, showing a decrease of 7.9% from the previous quarter and a 5.1% decrease year-over-year. Earnings per share also experienced a similar decline, standing at ₹28.52, down by 7.9% QoQ and 6.2% YoY.
Operating Metrics
LTTS's total expenses for Q3FY26 were ₹2,511.30 crores, reflecting a decrease of 3.3% from Q2FY26, where expenses totaled ₹2,597.10 crores. Year-over-year, total expenses increased by 11.8% from ₹2,246.60 crores in Q3FY25. This increase in expenses year-over-year, coupled with the revenue performance, provides insight into the company's cost management and operational efficiency over the quarters. The financial data highlights key operating metrics, showing a reduction in expenses on a quarterly basis while maintaining a higher level than the previous year, suggesting a focus on managing operational costs amidst fluctuating revenue and profit figures.